Org.nr 925 554 383 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET TJENTLAND AS: årsregnskap 2023 vs 2022

Grew 19% on revenue, weaker earnings

approved 2024-04-15; registry 2024-04-17; journal 2024 360585

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET TJENTLAND AS. Revenue 2.06m NOK → 2.45m NOK (+19.4%). Net result +201.7k NOK → +45.0k NOK. Equity 353.4k NOK → 398.4k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET TJENTLAND AS.

Scorecard

Revenue
2.06m NOK 2.45m NOK
+19.4%
Operating result
+231.6k NOK +55.2k NOK
-76.1%
Net result
+201.7k NOK +45.0k NOK
-77.7%
Equity
353.4k NOK 398.4k NOK
+12.7%
Cash
227.7k NOK 143.5k NOK
-37.0%
Total assets
749.7k NOK 877.7k NOK
+17.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.06m NOK to 2.45m NOK (+19.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 353.4k NOK → 398.4k NOK (equity ratio 47.1% → 45.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +231.6k NOK → +55.2k NOK (op. margin 11.3% → 2.3%). Calculated

  • ↓

    Net result weakened

    Net result +201.7k NOK → +45.0k NOK (net margin 9.8% → 1.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 227.7k NOK → 143.5k NOK (-37.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 900.5k NOK → 1.47m NOK (44% → 60% of revenue). Calculated